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U.K. Retail Sales YoY (SA) (Jan)

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Justin

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Master degree from National University of Singapore, mainly engaged in the research of macro stock index and treasury bond futures, has a solid theoretical foundation of financial derivatives, and passed CFA Level 3.
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Shared Brics money: a Basket Currency or a Basket case?

Eight questions for proponents of a Brics common currency.

Copper Soars as Gold and Silver Rally

Gold is on display at Korea Gold Standard in Seoul, Wednesday. Copper prices are climbing, propelled by the recent sustained rally of gold and silver amid investors’ preference for safe-haven assets, market watchers said Friday.

AUD/JPY Price Forecast: Fails Near Descending Channel Resistance, Around Mid-96.00s

The AUD/JPY cross builds on the previous day's late bounce from the 95.35-95.30 area, or over a one-week low, and gains strong positive traction during the Asian session on Friday.

Chinese Courts Asked To Lead Debt Talks For Distressed BuildersChinese Courts Asked to Lead Debt Talks for Distressed Builders

China’s distressed developers are increasingly asking local courts to drive their restructuring efforts, as weak home sales continue to weaken their ability to make headway or deliver on private debt workout plans.

Japanese Yen Retreats Sharply from Over Two-Month High Against USD

The Japanese Yen (JPY) attracts some sellers on Friday in reaction to comments from Japan's Finance Minister, Katsunobu Kato, saying that higher long-term rates can pressure Japan's fiscal situation.

BoK Expected to Cut Interest Rate Next Week

Bank of Korea Gov. Rhee Chang-yong speaks in this Feb. 18 photo. The Korean central bank is widely expected to lower its policy rate by 0.25 percentage point next week in an effort to prop up the economy, a poll showed Friday.

USD/INR Softens Ahead of Indian/US PMI Releases

The Indian Rupee (INR) gains ground on Friday after reaching a one-week high in the previous session.

US Dollar Index Remains Subdued Around 107.00 as Treasury Yields Continue to Fall

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, depreciates after registering gains for the last two successive days amid falling Treasury yields.

Gold Hits New Record-High, USD Struggles to Find Direction

Here is what you need to know on Thursday, February 20: While major currency pairs are having a tough time making a decisive move in either direction, Gold extends its uptrend to a new record-high on Thursday.

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